TSPCF Stock UPDATES Transpacific Industr (TSPCF) 0.9200 09/03/2014
Post# of 273328

Penske Automotive Completes Australian Commercial Vehicle Group Acquisition
PR Newswire Europe - Fri Aug 30, 7:06AM CDT
Penske Automotive Group, Inc. , an international automotive retailer, today announced that it has completed the acquisition of Western Star Trucks Australia Pty Ltd., a distributor of commercial vehicles, related spare parts and aftermarket support across Australia and New Zealand and portions of Southeast Asia from Transpacific Industries Group Limited. The business will continue to be managed by the existing management team.
Penske Automotive Signs Agreement To Acquire A Commercial Vehicle And Parts Distributor In Australia And New Zealand
PR Newswire Europe - Sun Jul 28, 5:15PM CDT
Penske Automotive Group, Inc. , an international automotive retailer, today announced that it has signed an agreement to acquire a distributor of commercial vehicles, related spare parts and aftermarket support across Australia and New Zealand and portions of Southeast Asia from Transpacific Industries Group Limited. The business to be acquired, Western Star Trucks Australia, primarily distributes heavy and medium-duty trucks for Western Star, MAN and Dennis Eagle through a network of over 80 independent dealers while serving customers across a number of industries, including on-highway, logistics, construction, mining, manufacturing, agricultural and waste/refuse collection.




